SurePact, a software company, has partnered with four regional councils across Australia to enhance their grant management processes.
The software centralises grant operations, providing a single source of truth for fund allocation and management, replacing manual processes and spreadsheets. Regional councils heavily rely on grants for funding, with some receiving over 50% of their revenue from government and other bodies.
SurePact's technology aims to reduce risks associated with cost overruns and non-compliance with auditor requirements, while improving transparency and efficiency in grant management.
The software is designed to benefit both grantmakers and recipients, and has been adopted by various government entities, private organizations, and non-profit enterprises since 2017.